Mottek On Money

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks bounce around on an alarming rise in coronavirus case numbers in Europe, unemployment claims rising in the U.S. and ongoing uncertainty over a second economic rescue package from lawmakers in Washington. The Dow plunged more than 300 points during the trading day then briefly moved into positive territory. The rally fizzed out and the Dow came in for a closing loss of 20 points. The 2020 Milken Institute's Global Conference gets underway with theme "Meeting the Moment" bringing together world leaders in business, government, academia and philanthropy. The conference, usually held annually in Beverly Hills, is being conducted virtually for the first time this year due to the pandemic. The latest on the economy, the markets and the conference discussed with economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center. https://milkeninstitute.org/